Artificial Intelligence Economics

Artificial intelligence is amplifying human ingenuity and disrupting the foundations of health care, military, entertainment, education, marketing and manufacturing. Artificial Intelligence and the Future of Power argues that this AI-driven revolution will have an unequal impact on different segments of humanity. There will be new winners and losers, new haves and have-nots, resulting in an unprecedented concentration of wealth and power.

Artificial intelligence does the seemingly impossible - driving cars, trading stocks, and teaching children. But facing the sea change that AI will bring can be paralyzing. How should companies set strategies, governments design policies, and people plan their lives for a world so different from what we know? In Prediction Machines, three eminent economists recast the rise of AI as a drop in the cost of prediction. With this single, masterful stroke, they lift the curtain on the AI-is-magic hype and show how basic tools from economics provide clarity about the AI revolution and a basis for action by CEOs, managers, policy makers, investors, and entrepreneurs.

In their bestselling first book, Prediction Machines, eminent economists Ajay Agrawal, Joshua Gans, and Avi Goldfarb explained the simple yet game-changing economics of AI. Now, in Power and Prediction, they go deeper, examining the most basic unit of analysis: the decision. The authors explain that the two key decision-making ingredients are prediction and judgment, and we perform both together in our minds, often without realizing it.

Brought to you by Penguin. **A Sunday Times and New York Times bestseller, Sept 2023** **SHORTLISTED FOR THE FT BUSINESS BOOK OF THE YEAR 2023** AI. SYNTHETIC BIOLOGY. QUANTUM COMPUTING. Everything is about to change. This is the only book you need to understand this new world. From the ultimate...

A seismic shift is underway—one that will redefine work, value, and even what it means to be human. Artificial Intelligence is not just disrupting industries—it’s beginning to outperform humans in areas once considered exclusively ours: complex reasoning, creativity, even emotional...

What happens when intelligent machines aren’t just in our pockets but are also driving our cars, making our decisions, folding our laundry, and educating our kids? You’ve heard the hype: AI will make us healthier, give every child a personalized tutor, run our businesses more efficiently...

Brought to you by Penguin. A pyrotechnic examination of Elon Musk as a symptom and avatar of our postliberal age Who on earth is Elon Musk and what is he doing? Is he a hero, a villain, or does he swing constantly between those two poles? According to the constant media gush driven by his every...

Brought to you by Penguin. The Sunday Times and #1 New York Times Bestseller Silicon Valley’s brightest minds once collaborated with governments to advance technologies, securing the West’s dominance on the global stage. But that relationship has corroded – with perilous repercussions for...

Brought to you by Penguin 'A path-breaking, thought-provoking and in-depth study of how new technology will transform the world of work' Gordon Brown 'Compelling ... Thought-provoking ... Should be required reading for any presidential candidate thinking about the economy of the future' NEW YORK...

The practical handbook for understanding and winning in the post-COVID digital age and becoming a 21st century leader. For every enterprise and its leaders, the digital age is a roller-coaster ride with more than its fair share of thrills and spills. It presents them with great opportunities to...

Artificial Intelligence is transforming every industry, but if you want to win with AI, you have to put it first on your priority list. AI-First companies are the only trillion-dollar companies, and soon they will dominate even more industries, more definitively than ever before. These companies...

AN INSTANT NATIONAL BESTSELLER “Evenhanded and insightful.” —Publisher’s Weekly (starred review) “An accessible, often fascinating primer.... Essential, illuminating reading.” —Kirkus From the author of the New York Times bestseller The Digital Doctor comes an engaging, clear-eyed...

Random House presents the audiobook edition of Hello World, written and read by Hannah Fry. You are accused of a crime. Who would you rather determined your fate – a human or an algorithm? An algorithm is more consistent and less prone to error of judgement. Yet a human can look you in the eye...

What if the Internet goes dark? We think of the Internet as wireless, weightless, ever-present—but its true foundation lies in the ocean’s depths, where nearly 900,000 miles of fiber-optic cables quietly pulse with all the world’s information. In The Web Beneath the Waves, the acclaimed...

Brought to you by Penguin. How a force that’s hard to name, but which we all feel, is reshaping what it means to be human In Against the Machine, “furiously gifted” (The Washington Post) novelist, poet, and essayist Paul Kingsnorth presents a wholly original—and terrifying—account of...

Brought to you by Penguin. A smart, incisive take-down of the bogus claims being made about so-called ‘artificial intelligence’, exposing the real harm these technologies do to our jobs, health, society and environment, who stands to gain from them, and how to fight back. Is AI going to take...

Twice a year in the heart of Silicon Valley, a small investment firm called Y Combinator selects an elite group of young entrepreneurs from around the world for three months of intense work and instruction. Their brand-new two- or three-person start-ups are given a seemingly impossible challenge...

Venkat Iyer was living a fast-paced life in the IT world in Mumbai when he decided to stop and take a long, hard look at where he was headed. Disheartened by his stressful existence in the city, he decided to give it all up and take up organic farming in a small village near Mumbai. But...

Brought to you by Penguin. A prescient, thoughtful and chilling examination of the current state of the world If there are lessons from history, now is the time when we need to heed them, so that we do not end up in another Great Power war because of the fatal combinations of jingoism, fear...

Brought to you by Penguin. The Age of Extraction explores how today’s dominant tech platforms manipulate attention, extract wealth, and deepen inequality – urging us to recognize their influence and reclaim control to create a balanced economy that works for all. Our world is dominated by a...